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LEADERS IN PROPERTY VALUATIONS, CONSULTANCY AND SMART DATA SERVICES

Since it was established in Spain over 30 years ago, Tinsa has been the leading property valuations company. Owned by the venture capital company Cinven, Tinsa has consolidated itself as an international, diverse group and as a leader in property valuations, consultancy and Smart Data services. It has offices in over ten countries in Europe, Latin America and Africa.

In Spain, Tinsa sets the benchmark for property valuations for multiple purposes (mortgage loans, consultancy, inheritances and accounting records, among others), under both Spanish and international standards (RICS, IVS, EVS). Tinsa has been a RICS (Royal Institution of Chartered Surveyors) accredited company since 2011 and also has wide experience in expert witness reports, company valuations and technical and energy efficiency reports among other services.

Tinsa offers fully independent property consultancy services to an extensive portfolio of clients, including most financial entities in the countries where it operates, companies from numerous sectors, public administration and private individuals.

Tinsa has 20 commercial delegations throughout Spain and a wide technical network across the country, made up of more than 1,300 professionals, all experts in local regulations. Their work feeds daily the largest property data base in Spain, comprised of over 6 million properties, which is the main material for publications and statistical reports, all renowned for their expertise among investors, analysts and companies.

Innovation and the integration of technological in internal procedures and client services have been the hallmarks of company growth over the last few years. In 2016, Tinsa became the only Spanish member of the European AVM Alliance, a group of European companies promoting the use of automatic valuations (AVM) with the highest standards of reliability. In 2018, Tinsa Group launched onto the international market its Proptech branch, Tinsa Digital, specialised in the development of new services and technological applications for analysis and mass exploitation of information based on artificial intelligence and Smart Data

Scope of the estimated value results:

I declare that the results of the automated valuation that I am going to contract is the result of a calculation made by statistical processes and that consequently the calculated value can vary significantly with respect to the market value or the mortgage value of the property, so it can not serve as the basis for decision making with transcendence.

I also declare that the estimated value calculated does not compromise or suppose a future expectation on the results of valuations that Tinsa Digital or other companies of its business group could make of the same property by application of different methodologies and especially on the results of a valuation. with a mortgage purpose performed in compliance with the methodology included in order eco / 805/2003.

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